The following pages in this section contain a variety of community affordable housing data, information, history, and resources.
Income limits, released annually by the US Department of Housing and Urban Development (HUD), are the criteria programs and communities use to determine whether a household qualifies for some type of housing assistance.
To qualify for subsidized affordable housing, household income typically must fall at or below 80% of the Area Median Income (AMI), which varies by household size. The Town of Carrboro falls within the Durham-Chapel Hill Metro Area.
However, some non-profit programs (such as Community Home Trust) offer homeownership opportunities to households earning up to 115% of the Area Median Income.
Below, you fill find the most current HUD income limits for subsidized housing.
2020 HUD Income Limits
| Household Size | Income Limits -
80% of the Area Median Income |
|---|
| 1 |
| $50,911 |
| 2 | $58,200 |
| 3 | $65,450 |
| 4 | $72,700 |
| 5 | $78,550 |
| 6 | $84,350 |
| 7 | $90,150 |
| 8 | $96,000 |